The only power they derived from corporation not granted to all citizens was to issue notes as money, and this power was not necessary to their business or essential to their profit.
John Sherman: “The only power they derived from corporation not granted to all citizens was to issue notes as money, and this power was…”
Editor's note · Context
Sherman critiques the unnecessary power of corporations to issue notes, arguing it is not essential for their business.
Share
More from John Sherman
Proud of Ohio, of its history and people, willing at all times to sound its praise in the sisterhood of states, yet, according to my convictions, the United States is entitled to my allegiance, and all parts of it should receive equal care…
The Union already embraces discordant elements enough without adding others.
If my life is prolonged I will do all I can to add to the strength and prosperity of the United States, but nothing to extend its limits or to add new dangers by acquisition of foreign territory.
The events of the future are beyond the vision of mankind, but I hope our people will be content with internal growth, and avoid the complications of foreign acquisitions.





